Dear Zeru Community,

First of all, we thank you for joining us early on the Zeru journey. Your unwavering support means the world to us and motivates us to build the protocol you’ll truly enjoy.

As we approach the launch of our public testnet, we want to share what we’ve accomplished over the last 4 weeks. These updates mark our progress as we refine the product.

Key Innovations by Zeru

Zeru who introduces a paradigm shift in DeFi by offering zero collateral loans, leveraging onchain data and algorithms to assess creditworthiness as well as integrated DeFi Strategies.

Main features:

1. ZScore: A decentralized, 100% onchain credit score that assesses a user’s creditworthiness based on their on-chain activities and behavior. This score is crucial in determining loan eligibility without the need for overcollateralization.

2. PCV (Protocol Controlled Value) Credit Reserve: This user generated reserve acts both as a mitigation pool to cover defaults and a liquidity provider, ensuring the system remains stable and secure.

3. AI-powered DeFi Strategies: Deploy the borrowed capital to go long or short on assets with up to 15x leverage on Uniswap V3 LP, Maxi Pools, LRTs and more.

4. Zero Collateral Loans: By lending, borrowing and deploying the capital into the strategies, users generate value to the protocol, therefore earning a zero collateral loan. The amount of the zero collateral loan is equal to the amount the user generates to the protocol (fees).

Recent Milestones:

Rebranding Completed ✅

We have successfully completed our rebranding process. This new identity reflects our commitment to creativity and excellence in the DeFi space.

Landing Page Live ✅

Our new landing page is up and running at** **Zeru Finance. The refreshed design offers a user-friendly interface, making it easier for you to stay updated with our latest developments.

Public Testnet Preparations ✅

We are in the final stages of preparations for the public testnet launch. We’re completing the last touches in UI, polishing the content & color scheme as we’re speaking. This phase is crucial as it ensures a seamless experience for our users.

Daily Bug Fixing ✅

Our team is diligently testing the platform every day to identify and fix any pending bugs. This ongoing effort ensures that our system is robust and ready for wider use.

Audits on the way ✅

We are in the final stages of auditing our smart contracts. These audits are crucial for ensuring the security and reliability of our protocol, giving our users confidence in the integrity of our platform.

Product Enhancements:

• Deployment to Base Sepolia
  We have successfully deployed Zeru to the Base Sepolia network, marking a key step in expanding our platform’s reach and functionality.

• Lenders Profit Sharing Implemented
  To offer competitive rates and enhance user satisfaction, we’ve implemented a profit-sharing mechanism for lenders. This feature ensures that our lenders benefit directly from the platform’s growth and success.

• Swap and Liquidation Bots Up and Running
  We have successfully deployed swap bots and liquidation bots. These bots are essential for maintaining market stability and ensuring smooth operation within the Zeru ecosystem.

• AI-Driven Optimal Tick Range Selection
  Utilizing AI, we’ve optimized the tick range selection for maximum earnings on Uniswap v3. This allows users to achieve higher APYs through DeFi strategies.

Looking Ahead

We have more exciting updates in the pipeline that we can’t wait to share with you. Stay tuned for these announcements, as they will bring even more enhancements and features to the Zeru platform.

Thank you for your continued support and trust. We are committed to delivering a protocol that meets your needs and exceeds your expectations.

Stay connected, stay excited.

With love,The Zeru Team

Website | Discord | Twitter | Telegram

Originally posted on Medium on June 4, 2024: